Ramos Lobo, RaúlDuque, Juan CarlosSuriñach Caralt, Jordi2013-06-072013-06-072010-110165-1765https://hdl.handle.net/2445/44103Using microdata from the 2002-2006 Colombian Continuous Household Survey, we find an elasticity of individual wages to local unemployment rates of -0.07. However, the elasticity for informal workers is significantly higher, a result which is consistent with efficiency wage theoretical models and relevant for regional labour markets analysis in developing countries.8 p.application/pdfeng(c) Elsevier B.V., 2010ColòmbiaAturSalarisEconomia submergidaColombiaUnemploymentWagesInformal sector (Economics)info:eu-repo/semantics/article5792322013-06-07info:eu-repo/semantics/openAccess